Some of you. If you still doubt #BitTorrent ( $BTTC ), try to understand the screenshot that I show, that.

MA(200) on 1 Week Chart: This line is blue and is below the current price, indicating that despite the short and medium term decline, the price is still above the long term trend. This can be a positive signal for long term investors as it shows that the price has not fallen to the long term support level.

MA Interaction: On the 1 day chart, we see that MA(8) and MA(25) are below MA(99) and MA(200), indicating that there is a divergence between the short/medium term trend and the long term trend. This can be a sign that the market is looking for direction or in a correction phase before returning to the main trend.

In conclusion, from this analysis, it seems that there is short and medium term selling pressure, but the price is still above the long term support provided by MA(200). This means that BitTorrent still has hope for those who believe that the future exists. And this could be a signal to wait for further confirmation before making a trading decision, especially if you are a long-term investor.